Access to Access #2a - Jim Willie, Part II

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We conclude our conversation with Jim Willie with this second podcast. In this segment, we discuss China and the eventual move away from dollar hegemony as well as the continuing raid on the GLD and other stores of physical gold around the world. We then conclude with some miscellaneous topics and a new feature I call the "Final Four". I hope you find this second installment to be entertaining and informative.

  55 Comments

goldeneye
Aug 10, 2013 - 1:30am
Spartacus Rex
Aug 10, 2013 - 1:44am

FIrst (To Hat Tip!) Hey TF...

Any Luck contacting Grant Williams for an interview yet? Thanks.

DeaconBenjamin
Aug 10, 2013 - 1:48am

Indian villagers defeat British billionaire over plans to mine

7:52PM BST 09 Aug 2013

Anil Agarwal, who rose from humble beginnings as a scrap metal dealer in one of India's poorest states to a life of luxury in London's Mayfair, had planned to boost his fortune by mining and processing bauxite in Niyamgiri, Orissa, south East India. He promised to bring new jobs, build schools and hospitals to bring the hill's 'backward' Dongria Kondh tribesmen into the modern world.

Anil Agarwal, Chief Executive of Vedanta Resources. (JUSTIN SUTCLIFFE FOR THE TELEGRAPH)

His plan however, which was agreed with the Orissa state government as far back as 2005, infuriated the Dongria who saw the proposal as an attack not only on their way of life but also on 'Niyamraja', the sacred hill they worshipped as their provider. They launched a protest movement to save their verdant tropical forest paradise populated by tigers, leopards and elephants from Mr Agarwal's plans to replace its mango and sal trees with mine shafts and busy roads.

A lady listens to proceedings outside the meeting hall. (Simon De Trey-White)

And this week they clinched a decisive victory. Lakhapadar, the largest of twelve Dongria villages on Niyamgiri, rejected the mine plan unanimously in a vote described by an Indian minister as a historic moment in the country's democracy – the first time the government had allowed its tribal people to decide their own future.

The Dongria speak Kui, a language few outsiders understand, and live in remote mud hut villages with little contact with the outside world. They live without electricity, have no access to television, and have survived without schools and hospitals. Few, if any, of them have ever been to the nearest town, Bhawanipatna, two hours away by car or watched a Bollywood film.

https://www.telegraph.co.uk/news/worldnews/asia/india/10234314/Indian-vi...

pforth
Aug 10, 2013 - 2:04am

I've never done this before but...

what the hey.... fourth!

Roger Rocker
Aug 10, 2013 - 3:20am

Last Night


I researched after reading those silly posts, and now I know my first impression was right, Dr. JW does have a very large and strange head.

I believe he knows his business.

Stack on!

Urban Roman
Aug 10, 2013 - 4:03am

Note the gold

... nose rings the Indian villager is wearing. I bet that's real gold, too. At least 18 K.

DirkDirkler
Aug 10, 2013 - 4:24am

Regarding US Treasuries and

Regarding US Treasuries and China - they're still at it. Right now the Fed is the largest US bond holder at close to 2 trillion, but China has not given up on them either, increasing their holdings from 700 billion in 2008 to 1,3 trillion right now.

China still needs to send the US their cash to buy their products. This will probably continue for a couple of years. Don't expect any substantial selling to occur any time soon, if even within this decade.

Urban Roman
Aug 10, 2013 - 4:56am

Geopolitical

... tiddlywimks. Trouble is, it's so hard to flip the horsies and bishops into the little cup. Just listening to the last of the interview.

'nite, all.

DirkDirkler
Aug 10, 2013 - 5:12am

Lol the last question, please

Lol the last question, please someone translate that word for word. I think his english translation wasn't quite word for word accurate :).

Great segment, lots of info. I like Egon von Greyerz and Steven Leeb and a few others, but Jim Willie is my favorite listen. Can't think of anyone who I'd rather listen to talking about PMs and all kind of stuff.

philipat
Aug 10, 2013 - 5:57am

Problem?

Probably just me but I can't get the Podcast to play. I'm not having bthe problems with other Pods?

Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
10/16 8:30 ET Retail Sales
10/16 10:00 ET Business Inventories
10/17 8:30 ET Housing Starts and Bldg Perms
10/17 8:30 ET Philly Fed MI
10/17 9:15 ET Cap Ute and Ind Prod
10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
10/9 10:00 ET Job Openings
10/9 10:00 ET Wholesale Inventories
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET Consumer Price Index
10/11 10:00 ET Consumer Sentiment

Key Economic Events Week of 9/30

9/30 9:45 ET Chicago PMI
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET Construction Spending
10/2 China Golden Week Begins
10/2 8:15 ET ADP jobs report
10/3 9:45 ET Markit Service PMI
10/3 10:00 ET ISM Service PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS
10/4 8:30 ET US Trade Deficit

Key Economic Events Week of 9/23

9/23 9:45 ET Markit flash PMIs
9/24 10:00 ET Consumer Confidence
9/26 8:30 ET Q2 GDP third guess
9/27 8:30 ET Durable Goods
9/27 8:30 ET Pers Inc and Cons Spend
9/27 8:30 ET Core Inflation

Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

Key Economic Events Week of 9/3

9/3 9:45 ET Markit Manu PMI
9/3 10:00 ET ISM Manu PMI
9/3 10:00 ET Construction Spending
9/4 8:30 ET Foreign Trade Deficit
9/5 9:45 ET Markit Svc PMI
9/5 10:00 ET ISM Svc PMI
9/5 10:00 ET Factory Orders
9/6 8:30 ET BLSBS

Key Economic Events Week of 8/26

8/26 8:30 ET Durable Goods
8/27 9:00 ET Case-Shiller Home Price Idx
8/27 10:00 ET Consumer Confidence
8/29 8:30 ET Q2 GDP 2nd guess
8/29 8:30 ET Advance Trade in Goods
8/30 8:30 ET Pers. Inc. and Cons. Spend.
8/30 8:30 ET Core Inflation
8/30 9:45 ET Chicago PMI

Key Economic Events Week of 8/19

8/21 10:00 ET Existing home sales
8/21 2:00 ET July FOMC minutes
8/22 9:45 ET Markit Manu and Svc PMIs
8/22 Jackson Holedown begins
8/23 10:00 ET Chief Goon Powell speaks

Key Economic Events Week of 8/12

8/13 8:30 ET Consumer Price Index
8/14 8:30 ET Retail Sales
8/14 8:30 ET Productivity & Labor Costs
8/14 8:30 ET Philly Fed
8/14 9:15 ET Ind Prod and Cap Ute
8/14 10:00 ET Business Inventories
8/15 8:30 ET Housing Starts & Bldg Permits

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